Panipat gets India’s first Synthetic Rubber Plant
India’s first “Synthetic Rubber Plant” was unveiled at Panipat in Haryana.
The plant has been set up by Indian Synthetic Rubber Ltd (ISRL) which is a joint venture promoted by Indian Oil, TSRC Corporation, Taiwan, and Marubeni Corporation, Japan.
The plant will be the country’s first unit to produce e-SBR (Styrene Butadiene Rubber) whose output will be 120 kilo tonnes synthetic rubber annually. The rubber produced would be used in industrial units for manufacturing automobile and daily need products. The project, which is estimated to cost Rs. 958 crore, has been financed through debt raised from Japan Bank for International Cooperation and Mizuho Corporation Bank.
What is SBR (Styrene-butadiene or Styrene-Butadiene Rubber)?
Styrene-butadiene or Styrene-Butadiene Rubber (SBR) describes families of synthetic rubbers derived from styrene and butadiene. These materials have good abrasion resistance and good aging stability when protected by additives. About 50% of car tires are made from various types of SBR.